Business Opportunities Weblog

March 7, 2008 by Rich Whittle | 3 Comments

Wisconsin State Journal:

There ‘s a boom in entrepreneurship, and no matter what your age and skill set might be, you can take advantage of the boom to get more of what you want out of life. Seventy percent of young people say they ‘d like to work for themselves. One of the most popular forms of retirement among Baby Boomers is to not really retire but work for themselves.

The good news is that starting your own company is easier than ever, because the technology is cheaper, doors are opening wider to newbies, and the instability of the work force in general makes owning your own company look not as shaky as it used to.

Here are some new ways to think about entrepreneurship that might get you moving on an idea:

Don ‘t wait to start until you ‘re sure you ‘ll succeed

You ‘ll never know if you ‘ll succeed, and sometimes the path to success is by way of something that never does. An example is Justin Beck, a student at UW-Madison who started a company to let people chat more easily on the Internet. The company didn ‘t see the light of day, but the process of putting it together helped Beck build another: Parallel Kingdom, which lets people play games with GPS over their mobile phone.

You don ‘t have to take a huge plunge

Guy Kawasaki has written eight books about business, and he just launched a new business called Alltop.com, that is, among other things, an easy-to-use on-ramp to the world of blogging. Kawasaki approached his Internet startup in the same way that a college kid would: He organized information in a new way, tested it, added some new ideas, tested, and he ‘s growing the site through word of mouth.

This should inspire everyone who has thought of a business but figured it was too big to try. The Internet favors the quick, flexible, not-so-tested methods of doing business, where you learn as you go and make changes all the time.

Read more.

Photo by danzo08.

In Ideas | 3 Comments
Tags: Entrepreneurial Lifestyle, Psychology